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The Concept of Financial Chaos
Nicolas Sbeih 2024-02-15 09:00 - Reading : 4 minute(s)
The chaos that has prevailed over the Lebanese financial sector for four years has recently jumped to a new level. It has become an economic concept, just like capitalism or socialism. And it is governing the country. The newly-coined concept of “financial chaos” involves this sticky mess surrounding the value of the lollar, the dollar, ...
Alexei Navalny: The Symptomatic Assassination of an Icon
2024-02-19 09:00 - Reading : 4 minute(s)
The assassination of dissident leader Alexei Navalny is no fait divers. It brings us back to picture the nightmares of the deaths of the Gulag convicts, the “banality of evil” (Banalität des Bösen) and the steadfastness of the internal opposition to Vladimir Putin. It highlights the deep-seated fears of the cynical and bloody autocrat and ...
In Beirut, the Deal Is in the (Fake) Bag!
Bélinda Ibrahim 2024-02-19 13:30 - Reading : 4 minute(s)
The streets of Beirut are increasingly resembling a gigantic open-air bazaar… of luxury bag counterfeits! Kelly, Birkin, Lady Dior, Chanel 2.55, quilted bags, Hermès belts: they are absolutely everywhere, proudly displayed on the arms of Lebanese women or on the passenger seat of their shiny SUVs. “Look how beautiful my new Kelly is, I adore ...
European Military Meeting in Rome Concerning the LAF
2024-02-23 18:17 - Reading : 2 minute(s)
A meeting of European military leaders is scheduled to take place in Rome on March 1st. Lebanese Army Commander-in-Chief General Joseph Aoun has been invited to join the gathering focused on assessing the status and needs of the LAF as well as ensuring its readiness to enforce Resolution 1701 when the time comes. This meeting is set after Paris ...
Municipal Employees Announce Cautionary General Strike
This Is Beirut 2024-02-24 16:35 - Reading : less than a minute
Municipal employees and municipalities unions in Lebanon have jointly declared a cautionary general strike scheduled for Monday. They are calling on the Lebanese government to address issues of fairness for municipal employees and their unions, seeking equal treatment in comparison to other public administration employees. The strike is set to ...
In Lebanon, How to Sort the Gold From the Chaff?
Maroun Chahine 2024-02-25 09:00 - Reading : less than a minute
Investing in gold can provide stability and financial security, but price volatility and the risks associated with counterfeit gold coins can complicate matters. It is essential to carefully assess the advantages and disadvantages based on one's financial goals and risk tolerance.
International Support Grows for LAF Amid Ceasefire Negotiations
Joanne Naoum 2024-03-01 17:12 - Reading : 4 minute(s)
Significant international support is currently being extended to the Lebanese Army. The international community places great reliance on the institution's pivotal role and legitimacy as the sole and legal protector of the country, a sentiment shared by the majority of the Lebanese population. Diplomatic envoys have consistently advocated ...
Lebanese Cargo Ship Damaged by Houthi Strike Sinks
This Is Beirut 2024-03-02 17:11 - Reading : 2 minute(s)
A cargo ship loaded with fertiliser has sunk in the Gulf of Aden less than two weeks after it was damaged by missiles from Yemen's Houthi rebels, Yemen's government said Saturday. The Houthis claimed the February 19 attack against the Rubymar, a cargo ship flying a Belizean flag and operated by a Lebanese firm, which transported combustible ...
Hochstein's Visit to Lebanon: What Should Be Expected?
2024-03-04 13:40 - Reading : 3 minute(s)
Ramadan truce and acceleration of the peace process in the region, or deterioration of the situation in South Lebanon and escalation of conflict as far as an Israeli incursion? All scenarios are on the table, making the mission of American envoy Amos Hochstein in Beirut complicated. What’s in store for us? Hochstein is expected to land in ...
Dollar Retreats, Bitcoin and Gold Near Record Highs
This Is Beirut 2024-03-06 16:30 - Reading : 2 minute(s)
The dollar retreated on Wednesday ahead of the Federal Reserve (Fed) Chairman's hearing before Congress, including data that could confirm expectations of an imminent interest rate cut, while bitcoin and gold remained close to their record highs. Fed chair Jerome Powell is due to answer questions from a House of Representatives committee on ...
Bitcoin Hits New Record Above $70,000
This Is Beirut 2024-03-08 23:41 - Reading : 2 minute(s)
On Friday, Bitcoin reached a new historic high, surpassing $70,000, driven by the growing risk appetite of investors who seem to overlook the scandals, bankruptcies, and colossal losses of recent years. Bitcoin soared to $70,085.85, a new peak since its creation, before experiencing a slight decline. The leading cryptocurrency exceeded its ...
Suspicious Timing to Incite Strife in Parallel With Regional Developments
2024-04-16 08:00 - Reading : 4 minute(s)
The recent surge of security incidents in Lebanon leaves no room for doubt: they mask a deliberate scheme aimed at destabilizing the country, and a conspiracy undermining civil peace, coexistence and national unity. The latest destabilizing incident was the kidnapping and killing of Pascal Sleiman, Lebanese Forces coordinator in the Jbeil ...
China, Russia, Iran Holding Joint Military Drills in Gulf of Oman
This Is Beirut 2024-03-12 11:58 - Reading : 1 minute(s)
The Chinese, Russian and Iranian navies are holding joint military drills in the Gulf of Oman this week, against a volatile regional backdrop of war in Gaza and attacks in the Red Sea by the Yemeni Houthis. These three countries, which share a common desire to counter what they see as American hegemony, had already organized joint drills in the ...
Truce Negotiations in Gaza: This is What We Know
This Is Beirut 2024-03-15 21:43 - Reading : 3 minute(s)
Palestinian militant group Hamas has submitted a proposal for a new six-week truce in Gaza, to be followed by a durable ceasefire, a Hamas official told AFP on Friday. Here is what we know about the demands of both Hamas and Israel as mediators push for a deal to end the five-month-old war. What does Hamas want? The latest Hamas proposal calls ...
SchizAwards: Changing Cinema’s Perception of Schizophrenia
Béatrice Moreau 2024-03-16 16:00 - Reading : 2 minute(s)
The SchizAwards, an innovative online ceremony organized by PositiveMinders, aims to challenge stereotypical portrayals of schizophrenia in cinema and promote a more accurate and empathetic understanding of the complex mental disorder during World Schizophrenia Days (March 16–23). Cinema, with its gripping narratives and complex characters, has ...
Beyoncé's Album Highlights Black Women Transforming Country Music
2024-03-28 11:26 - Reading : 5 minute(s)
The much-anticipated country album by megastar Beyoncé, Cowboy Carter, set for release on Friday, March 29, has shone a spotlight on the endeavors of Black performers to foster a more inclusive Nashville, recognizing their integral role in the genre's history. This highlight puts into light not only the challenges faced by Black women in country ...
Berri – FPM Meetings, a Prelude to a Rapprochement?
Joanne Naoum 2024-04-04 20:25 - Reading : 3 minute(s)
The Free Patriotic Movement (FPM) led by Gebran Bassil is reportedly seeking to improve relations with Parliament Speaker Nabih Berri, but the question of a rapprochement between the two adversaries was utterly denied by the Speaker’s circle. Nonetheless, a new dynamic in relations between the FPM and Berri’s Amal Movement was ushered in ...
Thousands of Iranians Condemn Israel and Demand Revenge
This Is Beirut 2024-04-05 19:10 - Reading : 2 minute(s)
Thousands of people chanted against Israel and the United States at Friday's funeral for seven Iranian Revolutionary Guards, two of them generals, who were killed in an Israeli airstrike in Syria. Guards chief General Hossein Salami warned that Israel "cannot escape the consequences" of Monday's strike, which levelled the five-storey consular ...
South Lebanon: Two Hezbollah and Three Amal Movement Fighters Killed
This Is Beirut 2024-04-05 20:00 - Reading : 2 minute(s)
Two Hezbollah fighters and three others affiliated with its ally, the Amal Movement of Speaker Nabih Berri, were killed and two were injured in Israeli airstrikes on targets in South Lebanon on Friday evening. The raids hit a house in Aita al-Shaab and a center of the Amal movement in Jdeidet Marjayoun. Hezbollah and Amal announced the death of ...
New Talks in Cairo as Israel Prepares for Iranian Retaliation
This Is Beirut 2024-04-06 12:02 - Reading : 4 minute(s)
Truce talks in Gaza are due to resume this weekend in Cairo, where Joe Biden has urged negotiators to convince Hamas, while Iran is preparing its retaliation to Israel's attack on its Damascus consulate. American and Israeli negotiators were expected in Cairo over the weekend for a renewed push to reach a ceasefire-hostage deal in a war that has ...
Houthis Claim Attacks on Western Ships in Red Sea
This Is Beirut 2024-04-07 18:00 - Reading : 2 minute(s)
Yemeni Houthi militants have claimed to have launched rockets and drones targeting a British ship and two Israeli vessels heading to Israeli ports, according to an Al Jazeera report. British maritime security firm Ambrey had said that two ships had been targeted off Yemen, raising the number of incidents reported to three in under 24 ...
Wemby Magic as Spurs Shock Nuggets
This Is Beirut 2024-04-13 11:11 - Reading : 3 minute(s)
Victor Wembanyama scored 34 points as the San Antonio Spurs stunned the Denver Nuggets 121-120 on Friday to upend the race for the No. 1 seeding in the NBA Western Conference. French rookie Wembanyama, who has produced a dazzling debut season in the NBA despite playing on a struggling Spurs team, was superb once again as San Antonio pulled off a ...
Israel Strikes a Hezbollah Site in Baalbek Area
2024-04-14 19:45 - Reading : 2 minute(s)
Israel Sunday struck a Hezbollah site in Lebanon's east near the Syrian border, the Israeli army and a source from the Iran-backed group said, as tensions soared after Iran directly attacked Israel. The Hezbollah source told AFP that "the Israeli strike targeted an area... near Baalbek and targeted a two-story building belonging to Hezbollah," ...
Dilemmas of Security
2024-04-15 09:00 - Reading : 6 minute(s)
The dynamics of violence that were unleashed after the 7th of October in South Israel have mutated into a major strategic turnaround that questions the extant geopolitics in the Near East. The Hamas murderous undertaking turned out to be a major disaster, which led to the destruction of Gaza and its transformation into a graveyard. What’s ...
Southern Lebanon: Casualties in Majdel Selm After Israeli Drone Strike
This Is Beirut 2024-06-01 11:10 - Reading : 1 minute(s)
An Israeli drone targeted a motorcycle on Saturday in the town of Majdel Selm in the Marjayoun district, causing one death, according to local newspaper Annahar. This comes after a heated night in the southern villages as Israeli aircraft launched a series of simultaneous raids, which were met by Hezbollah firing dozens of rockets towards ...
Real Madrid Defy Dortmund to Win 15th Champions League
This Is Beirut 2024-06-02 09:58 - Reading : 4 minute(s)
Real Madrid withstood a Borussia Dortmund barrage to win the Champions League for the 15th time as Dani Carvajal and Vinicius Junior struck late in a 2-0 win at Wembley on Saturday. Right-back Carvajal headed in from Toni Kroos' corner on 74 minutes, before Vinicius fired home to extend the Spanish giants' record as the most successful club in ...
Targeting the Army in the South Raises Questions
Bassam Abou Zeid 2024-10-24 20:40 - Reading : 2 minute(s)
South Lebanon Lebanese Army UNIFIL
Several questions arise regarding the targeting of the Lebanese soldiers deployed in the south by the Israeli army, despite assurances that the Lebanese regular troops are not a target in Israeli military operations. The Lebanese Army had evacuated its forward positions along the border to avoid any Israeli attacks. However, some of its units in ...
Major Israeli Military Operation in South Lebanon Still an Option
2024-09-12 15:13 - Reading : 2 minute(s)
From now until the US elections on November 5, all eyes will be on Israeli Prime Minister Benjamin Netanyahu, who may decide to expand military operations against Hezbollah in southern Lebanon, coinciding with the first anniversary of the "Al-Aqsa Flood" attack on October 7. Information from the US capital indicates that the Israeli army has ...
Israel Strikes Hezb-Controlled Syria-Lebanon Border Towns
This Is Beirut 2024-08-02 23:16 - Reading : less than a minute
Israeli warplanes initiated airstrikes on Friday, on Al-Qasr Town in Hermel on the borders between Lebanon and Syria, which is held by Hezbollah. The explosions and fuming of smoke were witnessed from Al-Ma’ariya Village in Al-Qaseer countryside which is also held by the Lebanese militant group, and is nearly two kilometers away from the ...
Alain Delon: A Final Farewell in Private at Douchy
Béatrice Moreau 2024-08-22 10:36 - Reading : 6 minute(s)
This Saturday, August 24, far from the spotlight and cameras, a final tribute will be paid to Alain Delon. The iconic actor from The Leopard, who passed away on Sunday at the age of 88, will rest for eternity at his property in Douchy, in the Loiret region, surrounded by his loved ones and his beloved dogs. [caption id="attachment_283950" ...